Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil.
South Korea’s POSCO Chemical Co Ltd said on Friday it plans to invest in a $633 million battery cathode materials plant in Canada with US automaker General Motors Co (GM).
The South Korean materials maker said in a regulatory filing that it plans to invest $278 million through September 2024 on the joint venture plant with GM.
In December, the two companies announced their plans to form a joint venture in North America.
($1 = 1,254.9900 won)
(By Heekyong Yang and Jihoon Lee; Editing by Christopher Cushing)
Comments